Financial Tes 1 Study Guid 2023 2025 (exam)

Financial Test 1 Study Guide 2023-2025 Know the steps in the accounting information system Know the definition of current assets & liabilities Know the difference between cash & accrual accounting Know the types of activities that make up operating, investing & financing activities Know why adjusting entries need to be made Know the accounting equation Know the different forms of business organizations & the pros & cons of each Know the main liquidity ratios Know the main profitability ...